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Citywire Selection Verdict:Douglas Brodie continues the trust’s cyclical bias and the trust does well in market upturns, however, can underperform during less buoyant ones. Brodie has started to invest in smaller, less mature companies which have so far proved rewarding. We still back the trust’s unconstrained approach to outperform the market over the long term and we continue to monitor any significant changes in the trust.

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